Category Archives: Press Release

Announcements

Penguin Random House Shareholder Bertelsmann Announces 2013 Fiscal-year Results

PenguinRandomHouse

(March 26, 2014, Berlin) — Bertelsmann invests billions; achieves leap in profits

Revenues and operating result improve in 2013
Group profit up by more than 40 percent to €870 million
Highest level of investment activity since 2005
Net financial debt reduced to €636 million
Significant progress on all four corporate strategic priorities
Education business to be significantly expanded

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Announcements

Penguin Random House Acquires Full Ownership of South Africa’s Random House Struik

PenguinRandomHouse

(Dec 13, 2013, Cape Town)—Trade book publisher Penguin Random House today announced the completion of its purchase of Times Media Group’s majority stake in South Africa-based Random House Struik.

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Announcements

Random House Mondadori is Renamed Penguin Random House Grupo Editorial

FBFreception

The Mondadori Publishing Imprint Will Take The Name Of Literatura Random House

(Barcelona, November 4, 2013)—Effective Monday, 4 November, Random House Mondadori is renamed Penguin Random House Grupo Editorial. The new name represents its position and identity as the Spanish-language publishing company of the newly formed Penguin Random House. This name change encompasses two major corporate initiatives undertaken in the past twelve months: In November 2012, parent company Bertelsmann, on behalf of Random House, acquired full ownership from previous joint-venture partner Mondadori of Random House Mondadori, which was created in 2001. On July 1, 2013, Bertelsmann and Pearson merged their respective trade book publishing divisions to form Penguin Random House in the U.S., Canada, the U.K., Australia, New Zealand, India, China, South Africa, Spain, Mexico, Argentina, Colombia, Uruguay, and Chile.

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Bertelsmann achieves record result in first half of 2013

Bertelsmann achieves record result in first half of 2013

Good progress with Group reshaping
€7.43 billion in Group revenues
Record Operating EBIT at €768 million
Group result exceeds €400 million for the first time in more than ten years

Gütersloh, August 30, 2013 — The international media company Bertelsmann made good progress with its Group reshaping during the first half of 2013 while also generating a record operating profit.

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Announcements

CEO Markus Dohle Announces Penguin Random House Global Leadership Team

BERTELSMANN & PEARSON FINALIZE MERGER TRANSACTION

(July 1, 2013)—The global senior executive team for Penguin Random House was announced today by Chief Executive Officer Markus Dohle, following the closing of the transaction by shareholders Bertelsmann SE & Co. KGaA and Pearson this morning to formally establish the venture. Bertelsmann owns 53% and Pearson 47% of the company. Penguin Random House will combine the adult and children’s fiction and nonfiction print and digital trade book publishing businesses of Penguin and Random House in the U.S., U.K., Canada, Australia, New Zealand, and India; Penguin’s trade publishing activity in Asia and South Africa; DK worldwide; and Random House’s companies in Spain, Mexico, Argentina, Uruguay, Colombia, and Chile. Random House’s German-language publishing group, Verlagsgruppe Random House, is outside the venture, and remains part of Bertelsmann, continuing to report to Mr. Dohle.

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